The battle between bulls and bears is intensifying, are the main players playing a big game?

Brothers, is Bitcoin reaching a short-term peak? 94000 is the next pullback target!

From the BTC weekly chart, the price has encountered resistance after touching the historically extended upward pressure line, forming a clear 'false breakout.' The Stoch RSI is also in the overbought zone, indicating a certain demand for pullback, and the indicators are starting to turn.

On the daily chart, the pattern is more intuitive — the classic 'head and shoulders' structure is taking shape, with the right shoulder completed and a weak rebound occurring, but the momentum is insufficient, and the Stoch RSI remains in a low, flattened position, meaning the price could break the neck line at any time.

If the 'head and shoulders' structure is confirmed, the target calculation points to the 94000 USDT level, which aligns with the logic of the weekly structure's pullback.
Once the daily chart breaks below the 103800 support, the pattern will be confirmed, and the pullback may accelerate.

Short-term recommendations:

Bullish positions should reduce and take profit
Bearish positions should enter lightly

Don't forget: Even in a bull market, there are shakeouts, so beware of false breakouts.
A bull market does not mean prices rise every day; technical indicators give signals in advance, which act as a trader's anchor.